September 2007

Euro – turbulent times

13 September 2007
The incredible market turbulence over the past few weeks has considerably changed the investment climate. As credit markets have tightened up and investors have seen losses across asset classes, the subsequent de-leveraging has had major repercussions on currency markets. In particular, there has been a determined shift out of riskier high-yield currencies such as the AUD and NZD and a shift into less risky funding currencies such as the JPY and CHF.

Isn’t it time for real-time?

13 September 2007
Although the benefits are clear and easily grasped, it has been a surprise to see just how many banks still retain batch-based and manual cash management processes. The simple conclusion is that the cash management function remains the poor relation in the world of back office processing.

One Step to e-Trading with Eurobase

13 September 2007
At Eurobase we understand that the largest banks in the world have significant control over the direction of the e-markets by being first to market with high speed leading edge technology. Now, regional banks and smaller, specialist banks are looking to offer customised e-FX trading solutions to their customers.

Continuing a sharp focus on client needs

13 September 2007
As head of Transaction Banking for ABN AMRO, Ann Cairns is responsible for the global business unit that provides cash, trade and supply chain and card products and services to multinational corporations, commercial and consumer clients, as well as to other financial institutions. Ann, who is based in London, joined ABN AMRO in 2002 and was instrumental in developing the bank's Working Capital business, a precursor to the current Transaction Banking. ABN AMRO operates in more than 50 countries worldwide.

Boston, USA Focus

13 September 2007
According to old Bostonian, Oliver Wendell Holmes – the most famed American poet of the 19th century – Boston is "The Hub of the Universe." The city also enjoys a deserved reputation as the “Athens of America,” derived in large part from the teaching and research activities of more than 100 colleges and universities located in the Greater Boston Area, including the famous Harvard business and medical schools.

A whiter shade of pale

13 September 2007
There are now many shades in the white-labelling debate and more options available to regional banks when taking a white-labelled service from a larger bank. This is because the distribution models available to offer multi-bank liquidity and pricing have matured since the first e-FX white-labelling deals were struck almost ten years ago.